Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
British Pound/Turkish Lira (FOREX:GBPTRY)
Long-Term Uptrend (+90) - GBPTRY is in a strong uptrend that is likely to continue. While GBPTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been UP since Nov 15th, 2022 at 22.04635
The intermediate-term trend has been UP since Oct 8th, 2023 at 33.89371
The short-term trend has been UP since Nov 10th, 2023 at 35.27717
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).